The best choice is D as studies have shown that increasing the minimum wage has its greatest impact on teenage unemployment. This is because employers may be less likely to hire inexperienced workers at a higher wage, leading to reduced job opportunities for young individuals entering the workforce. A, B, and C are not accurate statements about the minimum wage.

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The Minimum Wage

Question 27

Multiple Choice

The minimum wage:

A) is usually about 75 percent of the average wage earned in
B) manufacturing. raises the wages of highly skilled workers.
C) encourages master workers to take on apprentices.
D) has its greatest impact on teenage unemployment.

Correct Answer: